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will rate!! show good work plz All-Star Automotive Company experienced the following accounting events during 2018 1. Performed services for $15,600 cash 2. Purchased land
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All-Star Automotive Company experienced the following accounting events during 2018 1. Performed services for $15,600 cash 2. Purchased land for $8,600 cash. 3. Hired an accountant to keep the books. 4. Recetved $46,000 cash from the issue of common stock 5. Borrowed $11,200 cash from State Bank. 6. Pald $5,600 cash for salary expense 7. Sold land for $11,200 cash. 8. Pald $4,600 cash on the loan from State Bank 9. Pald $5,800 cash for utlitles expense. 10. Pald a cash dividend of $2.600 to the stockholders Required a. Indicate how each of the events would be clossified on the statement of cash flows as operating actvities (OA), Investing activities (A), financing activities (FA), or not applicable (NA) b. Prepare a statement of cash flows for 2018 Assume All-Star Automotive company had a beginning cash balance of $10.600 on January 1, 2018. Complete this question by entering your answers in the tabs below Required ARequired B Indicate how each of the events would be classified on the statement of cash flows as operating activities (OA), investing activities (IA), financing activities (FA), or not applicable (NA). 2. 3. 5. 6. 8. 10 Required B> Required A Required B Prepare a statement of cash flows for 2018. Assume All-Star Automotive company had a beginning cash balance of $10,600 on January 1, 2018.(Amounts to be deducted should be indicated with a minus sign.) ALL-STAR AUTOMOTIVE COMPANY Statement of Cash Flows For the Year Ended 31, 2018 Cash flows from operating activities Net cash flow from operating activities Cash flows from investing activities Net cash fiow from investing activities Cash fows from financing activities Net cash fow from financing activites Ending cash baian show good work plz
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